search query: @indexterm INCOME DISTRIBUTION / total: 353
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| Author: | Fuente, A. de la |
| Title: | Convergence equations and income dynamics: The sources of OECD convergence, 19701995 |
| Journal: | Economica
2003 : NOV, VOL. 70:280, p. 655-671 |
| Index terms: | Income distribution OECD Models |
| Language: | eng |
| Abstract: | This paper illustrates how convergence equations can be used to analyse the dynamics of the income distribution using a simple extension of standard techniques. Using data for a sample of OECD countries, estimated is an equation relating growth in income per capita to the standard growth theory variables, government size and labour market performance indicators. The estimated model and the underlying data are then used in a convergence accounting exercise that yields quantitative estimates of the contribution of each of these variables to the relative growth performance of each country and to observed convergence in the sample. |
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